Huawei to invest $600 million USD for 5G network

4G cellular technology is not yet popular is some country. But Huawei is preparing for subsequent new technology. One of Chinese company Huawei is set to invest a minimum of $600 million USD in research into 5G network technology by 2018, it has been announced.
The future investment prepared by Huawei for the development of research in the 2018 sequel. The investment will also be used to develop ‘air interface’ technology research.

Huawei was predicted the 5G-based network would becoming popular as commercial network in 2020, this network offers up to 10 Gbps speed or a hundred times faster than 4G networks that exist today.

“Innovation will never stop. That’s why we continue to develop 4G technology, but we’ve committed to spend about $600 million USD in the next five years to develop 5G,” said CEO of Huawei, Eric Xu.

“There are several issues that must be dealt with, including the availability of frequencies associated 5G and network traffic spikes to serve either in access or transmission,” he concluded.

Huawei began investing in 5G since 2009. Huawei is also announced the 5G network on 2011 and 2012 at the Mobile World Congress which is capable of delivering speeds of up to 50 Gbps.